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CBO Reports and Testimony: Health IT, Cost of Cap-and-Trade Program for Carbon Dioxide Emissions, FY09 Defense Authorization

  • Evidence on the Costs and Benefits of Health Information Technology, May 2008: “In this paper, prepared at the request of the Chairman of the Senate Budget Committee, the Congressional Budget Office (CBO) examines the evidence on the costs and benefits of health information technology, possible barriers to a broader distribution and use of it in hospitals and clinicians’ offices, and possible options for the federal government to promote use of health IT.”
  • H.R. 5658, National Defense Authorization Act for Fiscal Year 2009, May 20, 2008. “Cost estimate for the bill as reported by the House Committee on Armed Services on May 16, 2008: “H.R. 5658 would authorize appropriations totaling $602 billion for fiscal year 2009 for the military functions of the Department of Defense (DoD), for certain activities of the Department of Energy (DOE), and for other purposes. That total includes $70 billion for military operations in Iraq and Afghanistan.”
  • Containing the Cost of a Cap-and-Trade Program for Carbon Dioxide Emissions, May 20, 2008. Testimony before the Committee on Energy and Natural Resources, United States Senate: “Most analyses suggest that an appropriately designed program to begin lowering CO2 emissions would produce greater benefits than costs. Market-oriented approaches to reducing carbon emissions, such as a cap-and-trade program or a carbon tax, would reduce emissions more cheaply than would command-and-control approaches, such as regulations requiring across-the-board reductions by all firms. Those market-oriented approaches are relatively efficient because they create incentives and flexibility for emission reductions to occur where and how they are least expensive to accomplish.”

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